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Tanker rates remained elevated during the month of April, but mostly lower from their earlier record highs, OPEC, said in its latest monthly report. In April, trade disruptions continued to

The global shipping market is navigating Q2 2026 under the ongoing weight of an unprecedented geopolitical shock. The de facto closure of the Strait of Hormuz, now entering its third

While the world’s attention is today fixed on the return of protectionist duties, a more surreptitious and costly shift is undermining the global trade landscape. According to the latest Global

The story so far in 2026 has been quite a positive one for the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “the first four months

Indonesia–China coal trade weakness is negatively impacting Panamax tonne-mile demand, particularly on northern discharge routes. Key Takeaways The decline in Indonesian coal exports to China is becoming increasingly evident. La

With VLSFO topping $1,000/mt in some ports, bunkers can represent up to 60% of total voyage costs[1]. A vessel burning just 5% above CP spec creates exposure that shipowners and

Despite challenging overall conditions, the ship recycling markets remained firm, with a clear edge from Bangladeshi recyclers. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of

Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like

On 11 May, Al Kharaitiyat broke through Hormuz, heading for Port Qasim — the first Qatari LNGC to test supply resumption. The Q-flex LNGC loaded the cargo at Qatar’s Ras